Productivity across UK Financial Services is 15% lower than a decade ago

PEAK: SMCR

PEAK provides rich functionality to record and manage Senior Manager Functions including the ability to map all business capabilities to an individual function and then link to specific controls for each capability. PEAK then uses these mappings to generate SMCF structure charts plus individual Statements of Responsibility in a format which can be submitted directly to the FCA.

An optional additional module provides the ability to not just report those controls but to actively manage them and oversee compliance. The result is a comprehensive SMCR solution which enables clients to be confident that all angles have been covered, nothing has been forgotten and appropriate controls are established and operating. This rigorous approach, together with a comprehensive audit trail, provides the robust methodology a regulator will be looking for.